Duplex With Private
New
For Sale
$425,000
8711 Pineridge DR, Austin, TX 78729
Both matching units provide private entry, patio access, and flexible occupancy options.
Property Size1,666 SF
Price / SF$255.10
Days on Market4
Property Features for 8711 Pineridge DR
General Information
Standard status
Active
Size
1,666 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
sizeable backyard
vaulted ceiling
sliding door to patio
private entrance
Building Details
Year Built
1982
Listing Agency:
Kifer Sparks Agency
(512) 270-8587
Listed By:
Cribs Realty Group
(512) 200-5327
Source:
Cribsrealtygroup
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 13 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kifer Sparks Agency
Investment Insights
Based on property information with market context.
This 1666-square-foot duplex, built in 1982, includes two matching 2/1 units. Each side has a private entrance, a living room with vaulted ceiling, and a kitchen with a sliding door opening to the patio. The property also includes a sizeable backyard and a single-car garage. Unit A is occupied by a long-term tenant, while Unit B is available to show and follows the same floor plan.
The property offers access to US-183, SH-71, and Mopac, with dining, shopping, parks, public transit, and major Austin employers nearby. It is located within Round Rock ISD.
The property offers access to US-183, SH-71, and Mopac, with dining, shopping, parks, public transit, and major Austin employers nearby. It is located within Round Rock ISD.
Key Highlights
- Two matching 2/1 units with private entrances
- 1666 SF duplex built in 1982
- Unit A occupied by a long‑term tenant; Unit B available to show
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,611
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$492,220
$492.2K
Cap Rate 7%
$351,586
$351.6K
Cap Rate 9%
$273,456
$273.5K
Market Conditions
NOI Build-Up for 1,666 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$37.0K $22.20/SF
− Vacancy
−$1.8K −$1.10/SF
EGI
$35.2K $21.10/SF
− OpEx
−$10.5K −$6.33/SF
NOI
$24.6K $14.77/SF
Area
Austin, TX
Vacancy
4.94%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$492,220
Cap Rate 7%
$351,586
Cap Rate 9%
$273,456
Alternative Uses
Best Use
Multifamily LT 5
$351.6K
$307.6K – $410.2K
NOI $24,611 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$323.1K
$282.8K – $377.0K
NOI $22,620 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$652.8K
$571.2K – $761.7K
NOI $45,699 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Explore this area
Business Placement
Demographics for 78729, TX
31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both matching units provide private entry, patio access, and flexible occupancy options.
Where is this duplex located?
The property is located at 8711 Pineridge DR Austin, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two matching 2/1 units with private entrances; 1666 SF duplex built in 1982; Unit A occupied by a long‑term tenant; Unit B available to show
